Ambassador Peter Michalko, Head of the European Union (EU) Delegation to Azerbaijan, commented on the information that Hungary blocked the provision of 10 million euros of aid to Armenia from the EU European Peace Facility because of Azerbaijan, APA reports.

The diplomat said that the EU is actively developing relations with the countries of the South Caucasus in various domains.

He recalled that the European Commission allocates financial aid to its partners in the South Caucasus.

"The Business and Investment Plan for the countries of the region has been presented. We have cooperation priorities in connection with the transition to green energy, connectivity, and support for entrepreneurs. As we collaborate with Azerbaijan, we also cooperate with other countries. We want to see the South Caucasus where there is peace and prosperity," Michalko said.

The ambassador underscored that the EU-USA-Armenia meeting in Brussels on April 5 was of a purely economic nature.

"It serves stabilization and Azerbaijan was informed about it. There is a certain mechanism and procedure for making any decisions made within the framework of the EU," Peter Michalko said.